Fitch revises on outlook on IIFL Finance Limited's rating

Fitch Ratings, the credit rating agency, has revised the Outlook from Stable to Positive of IIFL Finance Limited's rating 'B+' Long-Term Issuer Default Rating (IDR) and affirmed the rating. The rating on Company's medium-term note programme (MTN) has also been affirmed at 'B+'.

Shares of IIFL Finance Limited was last trading in BSE at Rs. 593.20 as compared to the previous close of Rs. 593.45. The total number of shares traded during the day was 9371 in over 786 trades.

The stock hit an intraday high of Rs. 605.95 and intraday low of 587.50. The net turnover during the day was Rs. 5563769.00.

Source : Equity Bulls

Keywords

IIFLFinance INE530B01024 RatingUpdate Fitch